Home
Japan adds dollars to the money market
Calcutta News.Net
Wednesday 24th September, 2008
Japan's central bank has made further efforts to calm financial turmoil in the country by injecting more funds into the banking system.
The government has also offered dollars to the money market for the first time in coordination with the US Federal Reserve.
The Bank of Japan injected 1.5 trillion yen into the Tokyo money market on Wednesday morning, to prevent liquidity shortages.
It was the sixth day the government had entered the market.
The Bank of Japan is trying to ensure credit flows do not dry up due to the collapse of US investment giant Lehman Brothers.
 Email this story to a friend
Have your say on this story
|
 |
 |
- Maruti Suzuki eyeing production of one million cars by 2010
Kolkata, Nov 20 (IANS) Automobile major Maruti Suzuki is targeting an annual production of one million units by 2010, a top company official said here Thursday. [read story]
- Final scoreboard: India vs. England, 3rd ODI, Hero Honda Cup
Kanpur, Nov 20 (IANS) The following is the final scoreboard of the match between India and England in the third One-day international of Hero Honda Cup at the Green Park Stadium here Thursday: [read story]
- Pyramid Saimira agrees to compensate theatres for 'Kuselan' losses
Chennai, Nov 20 (IANS) Entertainment major Pyramid Saimira has agreed to compensate Tamil Nadu distributors and theatre owners for the losses incurred over Rajnikant starrer 'Kuselan', which bombed at the box office. [read story]
- Polling ends in Chhattisgarh with impressive turnout
Raipur, Nov 20 (IANS) The electoral exercise in Chhattisgarh to pick a 90-member State Assembly concluded with the close of the second phase of polling Thursday evening with an impressive turnout of voters. [read story]
- CCEA bid to generate additional livelihood opportunities in UP and AP
New Delhi, Nov 20 : The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its approval for implementation of Comprehensive Handicrafts Cluster Development Scheme at Moradabad (UP) and Narasapur (AP) in order to enhance the competitiveness in terms of access to technology, increased market share, ensure effective integration of scattered artisans and linking them to SMEs, generate additional livelihood opportunities, provide linkages in terms of adequate infrastructure technology, product security and other such components during the 11th Plan with budget provision of Rs. 140 crore i.e. Rs.70.00 crore for each cluster. [read story]
|
|
 |
 |
|
|
